Três Tentos Agroindustrial S/A's (BVMF:TTEN3) 4.9% gain last week benefited both private companies who own 42% as well as insiders

Key Insights

• Três Tentos Agroindustrial S/A's significant private companies ownership suggests that the key decisions are influenced by shareholders from the larger public
• A total of 5 investors have a majority stake in the company with 55% ownership
• Insiders own 35% of Três Tentos Agroindustrial S/A

A look at the shareholders of Três Tentos Agroindustrial S/A (BVMF:TTEN3) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are private companies with 42% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).

Private companies gained the most after market cap touched R$7.4b last week, while insiders who own 35% also benefitted.

In the chart below, we zoom in on the different ownership groups of Três Tentos Agroindustrial S/A.

See our latest analysis for Três Tentos Agroindustrial S/A

What Does The Institutional Ownership Tell Us About Três Tentos Agroindustrial S/A?

Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

We can see that Três Tentos Agroindustrial S/A does have institutional investors; and they hold a good portion of the company's stock. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Três Tentos Agroindustrial S/A's earnings history below. Of course, the future is what really matters.

Três Tentos Agroindustrial S/A is not owned by hedge funds. The company's largest shareholder is Jm Participações Ltda., with ownership of 14%. With 14% and 9.6% of the shares outstanding respectively, Ald Holding E Participações Ltda. and Maria Dumoncel Hoff are the second and third largest shareholders. Additionally, the company's CEO Luiz Dumoncel directly holds 8.6% of the total shares outstanding.

On looking further, we found that 55% of the shares are owned by the top 5 shareholders. In other words, these shareholders have a meaningful say in the decisions of the company.

While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

Insider Ownership Of Três Tentos Agroindustrial S/A

The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

Our information suggests that insiders maintain a significant holding in Três Tentos Agroindustrial S/A. Insiders own R$2.6b worth of shares in the R$7.4b company. That's quite meaningful. Most would be pleased to see the board is investing alongside them. You may wish to access this free chart showing recent trading by insiders.

General Public Ownership

The general public-- including retail investors -- own 11% stake in the company, and hence can't easily be ignored. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.

Private Company Ownership

We can see that Private Companies own 42%, of the shares on issue. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company.

Next Steps:

While it is well worth considering the different groups that own a company, there are other factors that are even more important. Consider for instance, the ever-present spectre of investment risk. We've identified 1 warning sign with Três Tentos Agroindustrial S/A , and understanding them should be part of your investment process.

If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.